Welcome to the NOW: Pensions Trust!
This guide provides comprehensive help that will help you get your employer’s pension plan up and running.
In the sections below we provide a summary of each of the steps you will need to take to get set-up, links to more detailed help where you need it, and links to documents and templates that will be useful to you and your organisation.
Towards the bottom of this page are further documents that provide greater detail on implementation issues ranging from data file specifications to employee communication.
Employees need to apply to join the Plan
Initial set-up of your Employer Portal
Prepare your payroll data
Where does my payroll data come from?
The data you provide usually comes from your payroll software and must be in a specific format which is detailed in our “A guide to generic input files payroll to NOW: Pensions” document.
You should contact your payroll software provider/payroll company to let them know that NOW: Pensions will be providing the employer’s pension Plan and although they may already be aware of our file format requirements, we recommend that you pass them a copy of the file specifications to ensure that files can be created in the correct format and thus easily imported from the payroll into the microsite. This may involve an upgrade to your payroll software and you may also need to input some basic details about the Plan into your payroll software, such as the fact that we are an Occupational Auto Enrolment Scheme and that contributions are deducted from pay before tax (Net Pay) thus employee pension contributions are paid to us in full.